301 Wallace Avenue Sold 3 days ago

Welland, L3B 1R8

$624,900$000000

Description

Listed by RE/MAX ESCARPMENT REALTY INC..

3-Unit property recently renovated and fully leased. The property is grossing $4200 a month. You won't find a property in the area that is grossing this much per month in rental income for the price. All units are separately metered so tenants pay their own hydro. All appliances are electric so the usage is billed to the Tenants hydro bill which they pay for. Leases still have a healthy term left. Great tenants, haven't missed rent and pay on time.

Location

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  • Address: 301 Wallace Avenue
  • Neighborhood:
  • City: Welland
  • State: Ontario
  • Postal Code: L3B 1R8

Property Details

  • Property ID: X8312958
  • Property Price: $624,900
  • Style: Triplex, 2-Storey
  • Sq/Ft: 1100-1500
  • Rooms: 7
  • Bedrooms: 3
  • Bath: 3
  • Parking Spaces: 3
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Finished, Full
  • Den: N
  • Exterior: Alum Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,880.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 100.00x45.00 (Feet)

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100